September was an active month for sales. From the week of August 31st, 2009 ending in the the September 27th,2009 week, we had a total of 81 sales in Red Deer. We closed up the month with a total of 356 active single family listings and 86 apartment condo listings.
With mortgage rates still low at 3.89% for a 5 year closed and the government buyer incentives, our market has continued to flourish.
As October is begining, we are expecting to have another "rush" in sales as buyers want to get their families settled in prior to the Christmas hollidays.
If you have any market questions, please contact me on my cell at 403-588-6444 for further information.